House and Land Connect Reveals Top Tips for Recognising Property Hotspots
Announcement posted by House and Land Connect 24 Feb 2014
Company specialising in investment properties provides top advice for discerning which suburban properties will do best this year.
Perth, WA, 24 February 2014 - Property investment is more than a hobby for many Australians who are seeking to make a profit off of their assets. While the market promises little, those who have been in the field long enough have learned how to pick out which properties will serve them best in terms of yielding the highest profit. There are a number of key factors that seasoned investors look for, but first time investors also use their own techniques.
Suburbs have been the talk of many experts in the field because they are trending currently as prime hotspots for property investments. Due to the large population growth taking place in major cities around the country, their accompanying suburbs have become some of the best places to invest in. However, there is more to the property puzzle than that; investors also need to determine which kinds of properties will be worth the most to them.
To provide more insight into these determining factors for successful properties in suburbs, Dylan Basso, Director of House and Land Connect, a company well-versed in the theories and methods of property investment, speaks on the subject.
“Suburbs are with little doubt some of the best places to invest in property in both last year and this one. However, within this broad category, there are certain things that investors should look for in properties that increase their chances of gleaning a stronger profit.”
Basso goes on to cite specific indicators that potential investors should look out for.
“New town planning and infrastructure developments are good indicators as to which properties will soon become more valuable due to capital gains. If new roads are built, greater access is given to certain areas, meaning they will draw more people. Other new projects, such as mining operations also have the same advantage because new people will move to grab employment opportunities. Urban renewal zones are also good places to invest in because the changing atmosphere will bring in both more residential and business clients.”
He then explains other factors that relate to supply and demand rather than natural capital gains.
“Property investment is just like any other business, it rests on supply and demand. Check the demographics of an area visible on the website of the Australian Bureau of Statistics to see if any recent population growths have occurred. If so, then these are good places to invest in property to be able to keep up with the demand for housing. Normal rent yields are also good to research for this reason.”
Basso concludes by offering advice on how quickly to invest when a person has found good property and how his company can help.
“After you’ve completed all of your research and believe you’ve found prime property to invest in, don’t move in right away. Obviously, you want to invest on that property before anyone else does, but you also want to make sure that you can afford the investment without financially crippling yourself. It’s a tempting trap, but an avoidable one as long as you double check your research and bank account. Once you’re sure and when you are ready, my company is here to help in any way it can.”
House and Land Connect has served property investors of all stripes in Western Australia for many years. Call 1300 300 415 for more information or visit their website: http://www.houseandlandconnect.com.au/.
Suburbs have been the talk of many experts in the field because they are trending currently as prime hotspots for property investments. Due to the large population growth taking place in major cities around the country, their accompanying suburbs have become some of the best places to invest in. However, there is more to the property puzzle than that; investors also need to determine which kinds of properties will be worth the most to them.
To provide more insight into these determining factors for successful properties in suburbs, Dylan Basso, Director of House and Land Connect, a company well-versed in the theories and methods of property investment, speaks on the subject.
“Suburbs are with little doubt some of the best places to invest in property in both last year and this one. However, within this broad category, there are certain things that investors should look for in properties that increase their chances of gleaning a stronger profit.”
Basso goes on to cite specific indicators that potential investors should look out for.
“New town planning and infrastructure developments are good indicators as to which properties will soon become more valuable due to capital gains. If new roads are built, greater access is given to certain areas, meaning they will draw more people. Other new projects, such as mining operations also have the same advantage because new people will move to grab employment opportunities. Urban renewal zones are also good places to invest in because the changing atmosphere will bring in both more residential and business clients.”
He then explains other factors that relate to supply and demand rather than natural capital gains.
“Property investment is just like any other business, it rests on supply and demand. Check the demographics of an area visible on the website of the Australian Bureau of Statistics to see if any recent population growths have occurred. If so, then these are good places to invest in property to be able to keep up with the demand for housing. Normal rent yields are also good to research for this reason.”
Basso concludes by offering advice on how quickly to invest when a person has found good property and how his company can help.
“After you’ve completed all of your research and believe you’ve found prime property to invest in, don’t move in right away. Obviously, you want to invest on that property before anyone else does, but you also want to make sure that you can afford the investment without financially crippling yourself. It’s a tempting trap, but an avoidable one as long as you double check your research and bank account. Once you’re sure and when you are ready, my company is here to help in any way it can.”
House and Land Connect has served property investors of all stripes in Western Australia for many years. Call 1300 300 415 for more information or visit their website: http://www.houseandlandconnect.com.au/.